MY CHINA PLUS is the first Virtual Warehouse all-in-one to distribute on Chinese / Asian markets in an easy, effective and economical way in Shanghai New Free Trade Zone.

The solution, based on Food & Beverages distribution platforms activities and experience, is designed for manufacturers / distributors who wish to have direct support in their business operations, promotion and distribution also without the need for a corporate presence in China.

How does My China B2B PLUS?

1) SETUP: with My China B2B support, the company defines the space and the type of products that will store (temperature controlled, Fresh, Frozen)

NB: The warehouse is into the Shanghai FREE TRADE ZONE. This allows that stored products to pay duties and taxation only when they have been sold!

2) SEND PRODUCTS: The company sends by sea the items to be stored in the warehouse in China.

For products without Chinese labeling:

Simultaneously with the product sending, are activated for the incoming products, the procedures with the Chinese authorities for obtaining the Chinese labels.

Upon arrival and during storage, products labeling with Chinese labels

NB This allows to sell immediately the products on the Chinese market (competitive advantage - Ready to Sell) and also be used in fairs / exhibitions as Chinese products, with a big reduction of costs if the same products are shipped from their own country to the same exhibition (about 800 € every 100 kg).

End of super-preferential policies will create a level playing field for domestic and foreign enterprises to compete

As of Dec 1, the Chinese government began to collect two taxes from overseas-funded companies and individuals with commercial interests in the country, namely the city maintenance and construction tax, and education-supporting tax. This marks the beginning of a standard tax treatment for both domestic and foreign companies.

For decades, China has reserved for overseas enterprises super-preferential tax policies. Early on in its reform and opening-up, China's domestic economic climate was more conducive to State-owned enterprises than to international enterprises. This was because the former could secure government support and thus had certain advantages in getting bank loans and financial subsidies. In a bid to attract foreign investment to help propel its economic growth, China introduced preferential tax policies for international companies.

The policies, in fact, are not conducive to promoting fair competition between domestic and foreign enterprises, and, to a certain extent, affect the development of domestic enterprises, private ones in particular.

So unifying the national tax treatment for domestic and foreign enterprises will create a fairer environment for competition between domestic and international companies.